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Clarification sought from Taj Gvk Hotels & Resorts

19 Aug 2016 Evaluate

The Exchange has sought clarification from Taj Gvk Hotels & Resorts on August 19, 2016, with reference to news flashed on CNBC TV 18 dated August 19, 2016 stating ‘Indian Hotel to merge Taj GVK with itself.Indian Hotels,GVK Reddy family negotiating swap ratio for merger’.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
The Indian Hotels Co 843.55
ITC Hotels 173.60
Mahindra Holi.&Resor 189.80
EIH 298.25
Chalet Hotels 810.35
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